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RBI cancels registration certificates of 135 NBFCsThe Reserve Bank of India has cancelled the registration of 135 non-banking finance companies. Thirteen other companies have surrendered th...
Pvt sector reposing faith in economy, capex cycle showing signs of revival: Punjab National Bank CMD Ashok ChandraPrivate sector investment is reviving. Companies are borrowing more for expansion and infrastructure. Punjab National Bank (PNB) sanctioned...
These 8 banking stocks have an upside potential of up to 26% in 1 year, according to analystsIf oil prices stay at higher levels, some FPIs with exposure to the Indian banking sector through ETFs might decide to sell, putting these ...
How a prisoner created India’s first rainwear brand by studying ducks and built a company that now serves the IAF, NavyAn Indian freedom fighter's prison experience sparked an idea for local rainwear. Surendra Mohan Bose founded Duckback, India's first rainw...
Despite geopolitical crisis, India's economic fundamentals and strategic partnerships will sustain growth: World BankIndia's economy shows strong growth potential. The World Bank believes this momentum will continue. Investments in people and businesses ar...
SBI, PNB, other PSU bank stocks tumble up to 21% from record highs. Time to buy or wait?Public sector bank stocks have seen a significant drop from their recent peaks. The Reserve Bank of India has introduced measures to attrac...
Banks likely to go all out to attract diaspora investmentRBI's decision to bear the hedging cost on FCNR-B deposits and exempt banks from maintaining the cash reserve ratio and statutory liquidity...
UK sets out $1.5 billion AI hardware plan with supercomputer, chip fundingBritain is investing over a billion pounds to boost its AI computing power. A new national supercomputer is planned for 2030. The country i...
Edelweiss Alternatives’ Subahoo Chordia quits, likely to launch own fundSubahoo Chordia, a key figure at Edelweiss Alternatives, has departed to launch his own infrastructure fund. He was instrumental in buildin...
Haleon to invest Rs 2,000 crore to set up first India plantHaleon is investing Rs 2,000 crore to build its first manufacturing plant in Pithampur, India. This move sharpens its focus on India, a fas...
Global Markets | Japanese investors make biggest foreign stock exit in five years in MayThe MOF data showed that trust accounts divested a net 3.38 trillion yen of foreign stocks but pumped 3.16 trillion yen into bonds in the o...
No degree, no startup, just water: Man makes Rs 80,000 a month selling Rs 5-per-litre chilled RO water during heatwave. Simple business idea wins praiseViral business idea: A viral video showcases a young entrepreneur selling chilled RO water from a battery-powered rickshaw. He delivers pur...
Musk's SpaceX IPO jolts life back into European retail investingEuropean retail investors are eagerly eyeing the SpaceX IPO, with an unusually large allocation planned across several countries. While pla...
Global Market: Hong Kong financial stocks tumble as China tightens capital outflow controlsHong Kong financial shares fell Friday. Beijing's new capital controls are causing concern. Global banks with mainland China business face ...
Piyush Goyal says India to remain world's fastest-growing economy for next two decadesUnion Commerce and Industry Minister Piyush Goyal on Thursday said India will continue to be the world's fastest-growing economy for the ne...
TIIF to shape a new investment architecture for Central AsiaTashkent will host a major investment forum from June 16-19. This event aims to establish Central Asia as a new hub for economic growth. Th...
Why are newspapers so big? Industrialist Harsh Goenka shares a surprising 300-year-old secret you may not knowA British tax law from over 300 years ago shaped the large size of newspapers. Publishers printed on bigger sheets to pay less tax. Even af...
Time for India to focus on business of business, says Uday KotakUday Kotak, Founder and Director of Kotak Mahindra Bank, emphasized that it is time for India to focus on the business of business now that...
India-UK FTA implementation stuck due to carbon tax on steel; Scotch duties may be rolled back to rebalance pactIndia and the UK held "great conversations" to boost economic ties, with discussions focusing on the Comprehensive Economic and Trade Agree...
Forget free food and WFH. Shark Tank India's Anupam Mittal wants companies to pay salary paid twice a month. He explains why it is importantAnupam Mittal, founder of Shaadi.com, recently urged a shift from the traditional next-month salary payment system. He argues that paying e...